JP Morgan Maintains Overweight on Applied Mat, Raises Price Target to $240
Portfolio Pulse from Benzinga Newsdesk
JP Morgan analyst Harlan Sur maintains an Overweight rating on Applied Materials (NASDAQ:AMAT) and raises the price target from $230 to $240.
May 17, 2024 | 3:31 pm
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POSITIVE IMPACT
JP Morgan analyst Harlan Sur maintains an Overweight rating on Applied Materials and raises the price target from $230 to $240.
The Overweight rating and increased price target from a reputable analyst at JP Morgan is likely to positively influence investor sentiment and drive short-term price appreciation for AMAT.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100